Non-Traditional Mortgages for Small Businesses in 2023
As the cost of nearly everything continues to increase across the board, it’s no surprise that small businesses are starting to struggle to cope. Statistics from November of 2022 revealed a startling fact – almost half (41%) of small businesses couldn’t even pay their rent in November. Were you one of them? If your business.. Read More
HELOCs: A Great Option for the Self-Employed
If you’ve struggled to secure traditional loans and lines of credit in the past as a self-employed individual, then you’ll want to hear what Thomas Yoon, the CEO of Excelerate Capital, recently said in an interview with MPA Talk. Excelerate Capital is a mortgage company that focuses on helping citizens with non-traditional situations to secure.. Read More
What it Takes to be a Successful Mortgage Broker
Considering that homes are one of the most expensive purchases most people make within their lifetime, it’s little surprise that most people need to take out a loan in order to fund the sale. Often, though, it’s difficult to find the right lender who can help you reach your goals without charging you more than.. Read More
Top 5 Ways to Get Alternative Funding
As of mid-2022, almost half (42%) of Americans self-report that they’re struggling financially. Rising prices, soaring inflation, and increasing interest rates all play a role in this financial struggle. Unfortunately, economic experts predict that things will only get tighter as we head into 2023. Due to the pending recession and uncertainty over the past few.. Read More
Homeownership Will Cost More in 2023
Between June of 2021 and 2022, food prices increased a whopping 10.4%, and consumer prices in general rose about 9.1%. Unfortunately, these rapidly rising prices are only the tip of the iceberg. As a result, the Federal Reserve has had little choice but to raise interest rates, which is having a huge impact on Americans.. Read More
October Surprise: 1/3 of Small Businesses Missed Rent
Clearly, the post-pandemic economy is on life support, and the real impacts of the financial strain are starting to impact not only individuals but businesses as well. According to recent reports, one out of three small businesses in America was not able to afford their rent payments in October. That’s not a good sign. Below,.. Read More
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